Creative Eye (India) Probability of Target Price Finishing Over Current Price

CREATIVEYE -- India Stock  

INR 3.10  0.00  0.00%

Creative Eye probability of target price tool provides mechanism to make assumptions about upside and downside potential of Creative Eye Limited performance during a given time horizon utilizing its historical volatility. Please specify Creative Eye time horizon, a valid symbol (red box) and a target price (blue box) you would like Creative Eye odds to be computed. Check also Creative Eye Backtesting, Creative Eye Valuation, Creative Eye Correlation, Creative Eye Hype Analysis, Creative Eye Volatility, Creative Eye History as well as Creative Eye Performance.
Horizon     30 Days    Login   to change
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Creative Eye Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 3.10 30 days 3.10  ABOUT 69.04%
Based on normal probability distribution, the odds of Creative Eye to move above current price in 30 days from now is about 69.04% (This Creative Eye Limited probability density function shows the probability of Creative Eye Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Creative Eye Limited has beta of -1.223 . This suggests as returns on its benchmark rise, returns on holding Creative Eye Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Creative Eye is expected to outperform its benchmark. Additionally Creative Eye Limited has an alpha of 0.4333 implying that it can potentially generate 0.4333% excess return over DOW after adjusting for the inherited market risk (beta).
 Creative Eye Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.43
β
Beta against DOW=1.22
σ
Overall volatility
=0.16
Ir
Information ratio =0.11

Creative Eye Alerts

Creative Eye Alerts and Suggestions

Creative Eye Limited has high likelihood to experience some financial distress in the next 2 years
The company reported revenue of 100.42 M. Net Loss for the year was (54.82 M) with loss before overhead, payroll, taxes, and interest of (25.43 M).
Latest headline from markets.businessinsider.com: Cole Haan Announces Collaboration With Celebrity Stylists

Price Density Drivers

Creative Eye Health Indicators

Float Shares7.99M
Average Daily Volume Last 10 Day479
Average Daily Volume In Three Month1.37k
Check also Creative Eye Backtesting, Creative Eye Valuation, Creative Eye Correlation, Creative Eye Hype Analysis, Creative Eye Volatility, Creative Eye History as well as Creative Eye Performance. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.
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